#NewsTrade #StrategyTrade
Technical indicators suggest a potential for further upside. The Relative Strength Index (RSI) stands at 58, indicating room for upward movement before reaching overbought territory. Additionally, the Moving Average Convergence Divergence (MACD) has shown a bullish crossover, suggesting strengthening momentum.
#NewsTrade Trade Signal: Consider a long position on ETH with a target of $2,600. Set a stop-loss at $2,450 to manage risk.
Stay informed on market developments and adjust your trading strategy accordingly.
